Executive Summary of ACO.docx Running head: EXECUTIVE SUMMARY 1 MHA 508 Executive Summary Of ACO University of Phoenix MHA 508: N
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Executive Summary of ACO.docx Running head: EXECUTIVE SUMMARY 1 MHA 508 Executive Summary Of ACO University of Phoenix MHA 508: Navigating the Regulatory Environment in Healthcare ACOS is also known as Accountable Care Organizations which are groups of doctors, hospitals, and healthcare providers that work voluntarily to coordinate medical care for patients and clinicians. Having an ACO plan within a hospital is to coordinate care to ensure that patients get the right treatment and help them avoid unnecessary services or medical errors. ACOs help those who are dually enrolled in both Medicare and Medicaid. The success of an ACO comes from delivering high-quality care and spending the money they are earning wisely; this is when an ACO will share the money and savings for the Medicare program the organization holds. Honor Health medical Group participates in two Medicare shared savings programs. The ACOS they are in partnership with is managed by Innovation Care Partners, a physician-led, clinically integrated network. Honor health is dedicated to reducing healthcare spending through coordination, collaborating, and commination in the community. There are many ACOs that can be offered from health clinics and Hospitals, some of them include Medicare Shared savings like the one HonorHealth carries. The ACO investment Model is a test for pre-paid savings in rural and underserved areas, the Advance Payment ACO model is onl. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .
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